Chiratae Ventures

India crossed 2.27 million EV sales in CY2025. Everyone's focused on the vehicle. We're more interested in what powers it. Motors. Cells. BMS. SiC inverters. This is where durable IP gets built - and where we see the most asymmetric opportunity in India's EV ecosystem. Funding tells the same story: EV startups raised a record $2.1B in FY25, more than doubling FY24. But deal count is falling even as cheque sizes grow. Capital is concentrating, the field is narrowing, and the companies that endure will be built on genuine engineering depth - not just market timing. We've put together our perspective on how this landscape is shaping up - the sub-segments we're watching, and where we think the most interesting white spaces remain. @YGokhroo writes why India’s EV Revolution Isn’t Just About the Vehicle - It’s About the Technology Inside It Read the full article here -linkedin.com/pulse/indias-e… @ranjith_menon #EV

Deep tech now takes nearly half of @ChirataeVC's new fund. AI bubble? @sudhirksethi disagrees— "we have a long way to go." In a chat with @Aish_19_Anand at @TiEDelhi #IndiaInnovationDay, the man behind 8 unicorns says India's next 100 deep tech companies must win at home first.

Live from #iDay2026! Sudhir Sethi (Chiratae Ventures) and Rohit Sarin (Client Associates) discussed why abundant and patient capital is critical to building globally significant Indian companies. Key insights: •⁠ ⁠India’s innovation economy needs long-term risk capital to enable founders to take bold bets and build globally competitive companies. •⁠ ⁠Many DeepTech startups fail not because of weak technology, but because follow-on capital arrives too late or not at all. •⁠ ⁠Family offices and Indian private capital are increasingly stepping up to back high-risk innovation, especially as global capital becomes more cautious. Honest, strategic, and highly relevant. @sudhirksethi @ChirataeVC @clientassociate @lathika_pai @alokmittal001 @DeepKalraMMT @VaniKola @rajatgarg79 @prasanto @gkgandhi @ShereenBhan @rajeshsawhney @miten @RajanAnandan #iDay2026 #TiEDelhiNCR #VentureCapital

𝗜𝗩𝗖𝗔 𝗖𝗼𝘂𝗻𝗰𝗶𝗹𝘀 𝟮𝟬𝟮𝟲-𝟮𝟬𝟮𝟴 | 𝗗𝗲𝗲𝗽𝘁𝗲𝗰𝗵 𝗦𝗽𝗲𝗰𝗶𝗮𝗹 𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁 𝗚𝗿𝗼𝘂𝗽 Following National Technology Day, the focus on strengthening India’s deeptech and innovation ecosystem continues to gain momentum across sectors such as defence, spacetech, AI, semiconductors, biotech, robotics, advanced manufacturing, and climate technologies. The Indian Venture and Alternate Capital Association (@IndianVCA) Deeptech Special Interest Group brings together investors, founders, research institutions, ecosystem leaders, and industry stakeholders to encourage greater collaboration, knowledge exchange, and long-term sector development. IVCA is pleased to announce the Deeptech Special Interest Group for 2026–2028: •@aniljoshi1, Founder and Managing Partner, @unicornindia • Arjun Rao, Partner, @SpecialeInvest • Ashish Taneja, Founding Partner, GrowX Ventures • Dr Manish Diwan, Head - Biofoundry, NCR Biotech Cluster and IVCOL, @BIRAC_2012 • Girish Shivani, Executive Director and Fund Manager, @YourNestVC • Manav Garg, General Partner, @scaletogether • @naganandd, Managing Partner, @IdeaspringCap • @NatMalupillai, Group CEO, IITM Research Park, Incubation Cell • Cdr Navneet Kaushik, Managing Partner, @JamwantVentures • Rahul Agarwal, Partner, @healthquad • @rituverma01, Co-Founder and Managing Partner, @ankurcapital • @sateesh_andra, Managing Partner, @EndiyaVC • @tcmsundaram, Founder and Vice Chairman, @ChirataeVC • @vinod_shankar, Founding Partner, @JavaCapital #IVCA #DeepTech #Innovation #AlternateCapital #FrontierTech

𝐈𝐧𝐝𝐢𝐚’𝐬 𝐧𝐞𝐱𝐭 𝐝𝐞𝐜𝐚𝐝𝐞 𝐨𝐟 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐬𝐡𝐚𝐩𝐞𝐝 𝐛𝐲 𝐨𝐧𝐞 𝐜𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐟𝐨𝐫𝐜𝐞 — 𝐛𝐨𝐥𝐝, 𝐩𝐚𝐭𝐢𝐞𝐧𝐭, 𝐚𝐧𝐝 𝐚𝐛𝐮𝐧𝐝𝐚𝐧𝐭 𝐫𝐢𝐬𝐤 𝐜𝐚𝐩𝐢𝐭𝐚𝐥. 𝐉𝐨𝐢𝐧 𝐮𝐬 𝐟𝐨𝐫 𝐚 𝐩𝐨𝐰𝐞𝐫𝐟𝐮𝐥 𝐤𝐞𝐲𝐧𝐨𝐭𝐞 𝐟𝐢𝐫𝐞𝐬𝐢𝐝𝐞 𝐚𝐭 𝐈𝐧𝐝𝐢𝐚 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐃𝐚𝐲 𝟐𝟎𝟐𝟔: 𝐒𝐜𝐚𝐥𝐢𝐧𝐠 𝐈𝐧𝐝𝐢𝐚: 𝐓𝐡𝐞 𝐂𝐚𝐬𝐞 𝐟𝐨𝐫 𝐀𝐛𝐮𝐧𝐝𝐚𝐧𝐭 𝐑𝐢𝐬𝐤 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐏𝐨𝐰𝐞𝐫𝐞𝐝 𝐛𝐲 𝐂𝐥𝐢𝐞𝐧𝐭 𝐀𝐬𝐬𝐨𝐜𝐢𝐚𝐭𝐞𝐬 Featuring: - Sudhir Sethi – Founder & Chairman, Chiratae Ventures In conversation with - Rohit Sarin – Co-Founder, Client Associates 𝐀𝐬 𝐈𝐧𝐝𝐢𝐚 𝐛𝐮𝐢𝐥𝐝𝐬 𝐠𝐥𝐨𝐛𝐚𝐥𝐥𝐲 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐬𝐭𝐚𝐫𝐭𝐮𝐩𝐬 𝐚𝐜𝐫𝐨𝐬𝐬 𝐀𝐈, 𝐃𝐞𝐞𝐩𝐓𝐞𝐜𝐡, 𝐟𝐢𝐧𝐭𝐞𝐜𝐡, 𝐜𝐥𝐢𝐦𝐚𝐭𝐞, 𝐚𝐧𝐝 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠, 𝐭𝐡𝐢𝐬 𝐬𝐞𝐬𝐬𝐢𝐨𝐧 𝐰𝐢𝐥𝐥 𝐮𝐧𝐩𝐚𝐜𝐤 𝐰𝐡𝐚𝐭 𝐢𝐭 𝐭𝐚𝐤𝐞𝐬 𝐭𝐨 𝐮𝐧𝐥𝐨𝐜𝐤 𝐜𝐚𝐩𝐢𝐭𝐚𝐥 𝐚𝐭 𝐬𝐜𝐚𝐥𝐞 𝐚𝐧𝐝 𝐟𝐮𝐞𝐥 𝐭𝐡𝐞 𝐜𝐨𝐮𝐧𝐭𝐫𝐲’𝐬 𝐞𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫𝐢𝐚𝐥 𝐚𝐦𝐛𝐢𝐭𝐢𝐨𝐧. 📍 𝑇ℎ𝑒 𝐿𝑒𝑒𝑙𝑎 𝐴𝑚𝑏𝑖𝑒𝑛𝑐𝑒, 𝐺𝑢𝑟𝑢𝑔𝑟𝑎𝑚 | 📅 15 May 2026 Save your spot- events.tie.org/IndiaInnovatio… | Dive into the #iday experience- iday.in/agenda/ @sudhirksethi @geetikadayal @dhawan_atul @u_pasana

India's #ConsumerAI story is being written on its own terms- around discovery in fashion, on-device intelligence in hardware, personalised learning in education, & faster narrative iteration in entertainment. One theme stood out repeatedly across our conversations with operators- the moat is no longer just the model. It is the data loop, localisation depth, and understanding how real users behave across contexts, languages, and attention spans. Three ideas we kept coming back to: -Voice is still not the interface unlock many expected -Bharat will punish lazy localisation -Vertical AI companies that deeply understand one user problem may build stronger defensibility than broad horizontal platforms @anoopnmenon & @samarth_gudwala's reflections from Chiratae and Google Bengaluru Consumer AI event and panel featuring leaders from fashion, hardware, education, and entertainment- featuring voices from Myntra, boAT, Seekho and Flick TV. Read the full article here - lnkd.in/gGYtGXqf

Where is the smart money actually going in Voice AI? It’s easy to get distracted by the hype cycle of LLMs, but as investors, we have to look at the first principles: capital flows, adoption friction, and unit economics. Catch Episode 3 of the Samvada with host Shubhanga Prasad, in conversation with Mandeep Julka, (Chiratae), Ganesh Gopalan (Gnani.Ai), and Ajay Kumar (Salesforce). The panel took a hard look at the business decisions shaping the future of voice technology, including: *The Inbound vs. Outbound Opportunity*: Where the real revenue lies. *Enterprise Adoption*: Why massive contact centers still resist AI transformation. *The Moat Problem*: How startups can build defensibility in highly regulated sectors like Fintech and BFSI. *Market Dynamics*: The ongoing battle between Big Tech and agile startups. Whether you are building, investing, or trying to understand the macroeconomic shift toward Ambient AI, this conversation is packed with insights. 🎧 Catch the full episode here: youtu.be/zzsaLemA-jM?si… #voiceai #AIStartups #Fintech @MkJulka @salesforce @GnaniAi

@ChirataeVC Commits $10 Million Through Sonic DeepTech Program, Backs Five Startups Read More: tinyurl.com/yc5cu2ss

Venture capital firm @ChirataeVC has announced its Sonic DeepTech cohort following a Demo Day held in Bengaluru, marking the culmination of its latest startup acceleration programme. The initiative attracted thousands of applications, reflecting growing interest in deep technology innovation across India. Read More: tinyurl.com/mwkxy9zm #ChirataeVentures #DeepTech #StartupAcceleration #AIStartups #SpaceTech #VentureCapital #InnovationIndia

It was great to see enthusiastic response to @ChirataeVC Sonic DeepTech Demo Day and meet awesome founders building exciting new DeepTech cos to disrupt the status quo in global scale 👍

Full house at the Chiratae Sonic DeepTech Demo Day in collaboration with NVIDIA. @sudhirksethi @tcmsundaram @venkypeddi @ranjith_menon @saharsh_ss @_TanviD @ShailjaMendi @samarth_gudwala @tm2space

Our portco @interact_ai is redefining how enterprise software buyers purchase. Finally, the much awaited launch. Stay tuned! @SuyashKarn2 @interactaidev @ChirataeVC

Fintech’s Top 100 Analysts: The 2026 Power List Read More: tinyurl.com/mrpjtek9

𝐊𝐞𝐲𝐧𝐨𝐭𝐞 𝐀𝐥𝐞𝐫𝐭 🚨 India’s next growth leap won’t be powered by ideas alone — it will be fueled by abundant risk capital. At India Innovation Day 2026, @sudhirksethi, Founder & Chairman, @ChirataeVC takes the stage to decode what it truly takes to scale India — from deep capital pools to long-term conviction in founders. If you’re building, investing, or bullish on India’s startup ecosystem, this is a room you need to be in. 📅 15 May 2026 | 📍 Leela Ambience, Gurugram 🎟️ Reserve your seat: events.tie.org/IndiaInnovatio… 🔗 More details: iday.in What will unlock India’s next wave of scale? Share your thoughts below. #ScalingIndia #VentureCapital #Startups #Innovation #IndiaGrowth

India’s economic rise has been powered by consumption, services, and digital adoption. In his insightful column for @livemint, @sudhirksethi, Founder and Chairman, @ChirataeVC, argues that the next phase will require a shift towards an innovation-led model built on product creation, intellectual property, and technological capability across sectors such as AI and advanced manufacturing. These sectors come with fundamentally different capital needs. Longer development cycles, higher upfront investment, and delayed revenues make traditional financing less effective. Patient risk capital is essential to support companies through early-stage uncertainty and product-market development. As India looks ahead, strengthening capital formation to support long-gestation innovation will be key to translating capability into global competitiveness. Read more: livemint.com/news/india/to-… #InnovationEconomy #CapitalFormation #DeepTech #IndiaGrowth #VentureCapital

To build the future, India needs more risk capital ⁦@ChirataeVC⁩ livemint.com/news/india/to-…

The Indian Venture and Alternate Capital Association (IVCA) announces its Executive Committee for 2026–2028. Bringing together leaders across private equity, venture capital, private credit, infrastructure and institutional investing, the newly constituted Executive Committee reflects the depth, diversity and evolving maturity of India’s alternate capital ecosystem. We are pleased to welcome the members of the IVCA Executive Committee: 💠 Srini Sriniwasan (Managing Director, Kotak Alternate Asset Managers Limited) – Chairperson, IVCA 💠 Gopal Jain (Managing Partner, Gaja Capital) – Vice-Chairperson, IVCA 💠 Abhishek Mohan (Managing Director, Peak XV Partners) 💠 Amit Agarwal (CEO, EAAA Alternatives) 💠 Anisha Singh (Founder and Managing Partner, SC Founders Fund (She Capital) 💠 Ashish Fafadia (Managing Partner, Blume Ventures) 💠 Ashish Kotecha (Partner, Bain Capital Advisors) 💠 Bhautik Ambani (CEO, AlphaGrep Investment Management) 💠 Deepak Padaki (President, Catamaran) 💠 Karan Bhagat (Founder, Managing Director, and CEO, 360 ONE) 💠 Lavanya Ashok (General Partner, Trifecta Capital) 💠 Manish Kheterpal (Co-Founder and Managing Partner, WaterBridge Ventures) 💠 Monu Jain (Partner, Aavishkaar Capital) 💠 Mukesh Mehta (Senior Managing Director and CIO of India Private Equity, Blackstone Advisors) 💠 Narendra Ostawal (Managing Director, Head of India Private Equity, Warburg Pincus LLC) 💠 Perumal Ramamurthy Srinivasan (Founder and Managing Partner, Xponentia Capital Partners) 💠 Pratibha Jain (Head of Strategy and Group General Counsel, Everstone Group) 💠 Simrun Mehta (Managing Director, Private Equity, KKR India) 💠 TCM Sundaram (Founder and Vice Chairman, Chiratae Ventures) 💠 Vikram Gupta (Founder and Managing Partner, IvyCap Ventures) 💠 Vipul Roongta (CEO, HDFC Capital Advisors Limited) We look forward to the collective leadership and direction this group will bring to the continued growth of India’s alternate capital ecosystem. #IVCA #PrivateEquity #VentureCapital #AlternateAssets #IndiaInvesting

Introducing Optimize, the multivariate testing engine that turns every experiment into compounding conversion gains. Optimize is built directly into the SquadStack.ai platform. Pick the variable, set a traffic split, run variants on a live lead sample. #Voiceai